For better or worse, a truism of American politics is that voters vote their pocketbooks. Yet according to a new report on median household incomes by Sentier Research, in 2012 millions of American voters apparently cast ballots contrary to their economic self-interest. A testament to the power of a media devoted to their president.
Now for some economic facts
Obama’s economic policies are hurting the people who elected him more than any other demographic.
President Obama was re-elected with 51% of the vote. Five demographic groups were crucial to his victory: young voters, single women, those with only a high-school diploma or less, blacks and Hispanics. He cleaned up with 60% of the youth vote, 67% of single women, 93% of blacks, 71% of Hispanics, and 64% of those without a high-school diploma, according to exit polls.
Family income decrease from President Obama’s 5 most dedicated demographics since his “recovery” began.
- -7% single women households, with or without children
- -9.6% under age 25
- -10.9% Black heads of households
- -4.5% Hispanic heads-of-households
- -8% incomes of workers with a high-school diploma or less fell by about 8% (-6.9% for those with less than a high-school diploma and -9.3% for those with only a high-school diploma).
To put that into dollar terms, in the four years between the time the Obama recovery began in June 2009 and June of this year, median black household income fell by just over $4,000, Hispanic households lost $2,000 and female-headed households lost $2,300.
Makes one wonder what it would take for these people to realize that what they are living is not what Obama is saying, but what he is doing? He’s not going to stop campaigning. He can’t. Because if he does, the gullible voters that elected this community organizer president twice might begin to realize that President Obama is more interested in gaining political power than making the economy, and their lives, any better.
Which reminds me of what Rand Paul said in this post . . .
Liberals don’t seem to get the point that if you’re trying something and the objective evidence shows that it’s not working, why not try something different?
Paul indirectly referred to the famous definition of insanity as trying something again and again while expecting a different result.